So this is awkward.
Appreciate in the post-truth politics world where anyone can say anything and a bunch of people will believe it it's probably not fatal but Leadsom was, simply, lying with the above.
She had no staff under her, did not run any team of investors and was not involved in Barings wind-down and sale.
http://reaction.life/was-andrea-lead...-city-hotshot/
For those who can access paywalled goodness:
http://www.thetimes.co.uk/edition/ne...-job-n80lgc2rj
Quote:
She has described her 25 years in financial services and running “enormous teams” as evidence of her suitability for the roles. The MP Bernard Jenkin has cited her senior position at “a large investment firm where she was responsible for managing hundreds of people and billions of pounds”.
During ten years at the investment fund Invesco Perpetual, from 1999 to 2009, she did not have any role in managing funds or advising clients. Despite the title “senior investment officer and head of corporate governance” she only held approval from the financial services regulator — required for any roles dealing with funds or clients — for a three-month period from December 2002 to February 2003.
The Times can also reveal that in her previous job, at an investment fund run by her brother-in-law, Mrs Leadsom was registered as the marketing director.
The MP claimed to hold the role of managing director at De Putron Fund Management Ltd from 1997 to 1999. Documents at Companies House, however, show that she was registered as its marketing director and worked there for 13 months from 1998.
Mr Stephens, who retired from Invesco Perpetual in 2014, said that Mrs Leadsom had allowed the impression to arise that “she has finance management skills and experience which qualify her for senior posts in government”.
He said that her actual job was to work on, sometimes part-time, “ ‘special projects’, mostly for the chief investment officer.
These included for example negotiating pay terms for senior fund managers. Towards the end of her time, she advised on a couple of governance issues.
As I understand it she had no one reporting to her in either role.”
The energy minister talked of her “30 years of financial experience” when suggesting before the referendum that in the event of a Leave vote “there will not be an economic impact”.
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I'm definitely stretching fair use if I copy/paste any more of it so will have to stop there.